Luokung Technology's stock, as seen in the chart data from the past 24 hours, has experienced quite a bit of volatility with fluctuating highs and lows. Currently, the stock seems to be on a downtrend, as indicated by the lower highs and lower lows observed in the chart. The RSI levels suggest the stock is nearing oversold territory, potentially indicating a reversal or a temporary bounce in the price. However, the volume trends have been relatively high, indicating heightened interest and trading activity. The recent news surrounding Luokung Technology, including Nasdaq delisting notices and periodic filing compliance issues, may have contributed to the downward pressure on the stock price. The market sentiment appears to be negative due to these regulatory concerns, which may continue to impact the stock in the short term. Investors are advised to closely monitor key support levels around $0.80 and resistance around $0.90 to assess potential entry or exit points in this challenging market environment.